Tax Agent Toolkits - are you using them?

02 August 2016

HMRC’s Toolkits can be used in a number of ways; as a straightforward checklist, to complement or check and refresh your existing processes and as a training aid for your staff.

There are 20 toolkits in total including expenses and benefits from employment, Income Tax losses and National Insurance contributions and statutory payments. Every toolkit is refreshed at least annually.

Each toolkit contains:

  • a checklist to help you to address the areas of possible error that HMRC identifies as key
  • explanatory notes which identify the underlying types of error, how to mitigate them. and a brief outline of the tax treatment (it is recommended that you review these notes even if you are confident about answering the questions in the checklist)
  • cross references linking to the relevant guidance available online so you can easily find more detailed guidance.

Each toolkit is a free PDF download that can be saved or printed for your records, but remember to download directly from the website each time to make sure you have the most recent version.

So why not have a look at the Tax Agent Toolkits page and see how they can help you.